Vladimir Putin We discussed this important issue yesterday over a beer...
Barack OBAMA You know, my faith is one that admits some doubt...
![](http://www.ournewsyourviews.com/wp-content/themes/Advanced-Newspaper1392/timthumb.php?src=wp-content/uploads/2010/06/fsa.jpg&h=&q=90&w=90&h=65&zc=1")
The UK’s Financial Services Authority, the equivalent of the SEC in the USA, has ordered three men to pay £115 million ($116.7 million) to the financial regulator. However, it has also stated that it in unlikely to recover the sum. The three men were arrested last year by London’s Scotland Yard detectives on suspicion of conspiracy [...]
![](http://www.ournewsyourviews.com/wp-content/themes/Advanced-Newspaper1392/timthumb.php?src=wp-content/uploads/2010/06/yuan.jpg&h=&q=90&w=90&h=65&zc=1")
In a surprise move, China has pegged the Yuan at its highest level in five years, having previously given assurances that it would make the uncompetitive currency more flexible. In recent times, China has faced increasing international pressure to allow its currency to fluctuate. The US has strongly argued that the weak Yuan gives Chinese exporters an [...]
![](http://www.ournewsyourviews.com/wp-content/themes/Advanced-Newspaper1392/timthumb.php?src=wp-content/uploads/2010/06/pound-euro.jpg&h=&q=90&w=90&h=65&zc=1")
The pound has hit a 19 month high against the Euro amidst Eurozone debt concerns. It hit 1.22, its highest since the financial meltdown began in November 2008. With the perceived risk of Greece defaulting on its debts, there is a continual sense of worry about Europe’s debt crisis. This subsequently caused the leading stock [...]
![](http://www.ournewsyourviews.com/wp-content/themes/Advanced-Newspaper1392/timthumb.php?src=wp-content/uploads/2010/06/economy.jpg&h=&q=90&w=90&h=65&zc=1")
It has been revealed that the US economy grew at a rate of 2.7% for the first three months of 2010, much slower than what was hoped for. The Department for Commerce was anticipating growth to be 3% higher of what it was in the same period in 2009. Furthermore, the recovery process has been [...]
![](http://www.ournewsyourviews.com/wp-content/themes/Advanced-Newspaper1392/timthumb.php?src=wp-content/uploads/2010/06/emil-boc.jpg&h=&q=90&w=90&h=65&zc=1")
Romania’s Constitutional Court has ruled that cuts in the pension payments, as sought by the Romanian government, would be illegal. The proposals were put forward in an austerity programmed aimed to cut the country’s budget deficit. The government had wanted to slash pensions by fifteen percent and also reduce welfare allowances and wages. However, the [...]
Russian’s state run gas monopoly, Gazprom, has resumed pumping gas supply into Belraus after the country cleared its gas bill debt with Gazprom. In return Gazprom had paid Belarus the money it owes the nation for allowing Gazprom to run supply lines through the country and into Europe. Russia’s suspension of 60% of the gas [...]
![](http://www.ournewsyourviews.com/wp-content/themes/Advanced-Newspaper1392/timthumb.php?src=wp-content/uploads/2010/06/india.jpg&h=&q=90&w=90&h=65&zc=1")
The Indian government has voted to halt subsidising petrol in an effort to cut its budget deficit. In an surprising move, ministers also plan raise the price of other fuels, including diesel and kerosene gas to bolster the country’s finances. The nation’s fiscal deficit is predicted to hit 5.5% of output by the end of [...]
![](http://www.ournewsyourviews.com/wp-content/themes/Advanced-Newspaper1392/timthumb.php?src=wp-content/uploads/2010/06/easter.jpg&h=&q=90&w=90&h=65&zc=1")
The latest figures from Barclaycard Global Payment Acceptance, which enables 87,000 retailers to accept debit and credit card payments, shows spending was up 8.5% this year compared to last Easter. The figures, which cover businesses traditionally associated with the Easter Weekend and who use Barclaycard to process their credit and debit card transactions, shows shoppers [...]
![](http://www.ournewsyourviews.com/wp-content/themes/Advanced-Newspaper1392/timthumb.php?src=wp-content/uploads/2010/06/africa-stocks.jpg&h=&q=90&w=90&h=65&zc=1")
This brings the total number of deVere offices in the region to seven, and signifies the company’s major commitment to this expanding market. Zambia saw its financial situation grow in the last few years in large part due to the commodities boom, combined with debt relief and increased foreign aid. Furthermore, after little activity in [...]
![](http://www.ournewsyourviews.com/wp-content/themes/Advanced-Newspaper1392/timthumb.php?src=wp-content/uploads/2010/06/mbna.jpg&h=&q=90&w=90&h=65&zc=1")
A new mobile phone service enabling UK customers to text for their credit card information has been launched by MBNA. By using the new Mobile Banking Text service, customers can use their mobile phone to get credit card account information, including balance, payments and transactions, within seconds by simply texting to a dedicated mobile short-code number [...]
